Motor & General Finance Limited will enforce a book closure on its equity shares from September 18, 2026, to September 24, 2026, to determine the list of shareholders eligible to attend and vote at its upcoming 96th Annual General Meeting (AGM). The Board of Directors approved these dates during its meeting held on August 11, 2026.

The closure period ensures that only shareholders whose names appear in the register of members as of September 24, 2026, are entitled to participate in the general meeting. Shareholders looking to trade their shares during this window must note that transfers will not be processed until after the closure ends.

Book Closure Details

The specific details regarding the security codes and closure dates are outlined below:

Regulatory Compliance

The announcement was made in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M.K. Madan, Vice President, Company Secretary, and Compliance Officer of Motor & General Finance Limited, signed the intimation submitted to both the Bombay Stock Exchange and the National Stock Exchange of India Ltd on August 11, 2026.

Investors should ensure any share transfers are completed before the start of the book closure period to maintain their voting rights for the forthcoming AGM.

Motor & General Finance reported a standalone net profit of ₹227.46 lakh for the quarter ended June 30, 2026 (Q1FY27), a significant increase from ₹24.74 lakh in the corresponding period of FY26. The surge in profitability was primarily driven by other income, which rose to ₹240.49 lakh from ₹57.72 lakh year-on-year, while revenue from operations grew modestly to ₹186.03 lakh from ₹178.61 lakh. Consolidated net profit stood at ₹226.63 lakh for the quarter.

The Board of Directors held its meeting on August 11, 2026, where it approved the standalone and consolidated unaudited financial results for Q1FY26 under IND-AS rules. Statutory Auditors Jagdish Chand & Co., Chartered Accountants, issued an unmodified limited review report on the financial statements. The Board also authorized the publication of these results in newspapers within 48 hours of the meeting's conclusion.

Key Financial Metrics

The company’s total income reached ₹426.52 lakh in Q1FY27, compared to ₹236.33 lakh in Q1FY26. Total expenses were contained at ₹161.06 lakh, down from ₹211.59 lakh in the previous year’s quarter. This efficiency contributed to a profit before tax of ₹265.46 lakh, against ₹24.74 lakh in Q1FY26.

Corporate Governance and Appointments

The Board approved the notice for the 96th Annual General Meeting (AGM), scheduled for September 24, 2026, at 11:30 A.M. via Video Conferencing/Other Audio Visual Means at the company’s registered office in New Delhi. Key agenda items include the re-appointment of Chairman & Managing Director Rajiv Gupta, who retires by rotation, and the approval of related party transactions.

Sudhir Kumar Agarwal, Chartered Accountant, was re-appointed as Internal Auditor for the financial year 2026-27 based on recommendations from the Audit and Nomination & Remuneration Committees. The Board also appointed M/s Alankit Assignments Limited as the Registrar and Share Transfer Agent for the AGM and Central Depository Services (India) Limited (CDSL) for the e-voting process.

What the Numbers Show

The dramatic rise in net profit is largely attributable to non-operating factors rather than core business growth. While revenue from operations increased by only 4.2%, other income more than quadrupled, accounting for the majority of the total income increase. This suggests that the current quarter’s profitability is heavily influenced by one-off or non-recurring items rather than operational leverage. Investors should note that the provision for diminution in the value of long-term investments has not been made in these interim results and will be considered in the audited accounts for FY27.